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Office of Foreign Assets Control (OFAC) Iran Trade Relations

Alston & Bird

U.S. Continues “Maximum Pressure” Campaign Against Iran with More Sanctions

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In the latest effort to implement its “maximum pressure” campaign targeted at putting a total stop to Iranian oil exports, the Trump administration has imposed another round of sanctions targeting Iran’s oil distribution...more

Alston & Bird

OFAC Takes First Action to Implement “Maximum Pressure” Campaign Against Iran

Alston & Bird on

Following President Trump’s announcement of his administration’s intention to ratchet up sanctions against Iran, OFAC announced Thursday that it is designating a number of Chinese, Indian, and UAE entities as Specially...more

Alston & Bird

President Trump Renews “Maximum Pressure” Approach to Iran

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President Trump issued a new Executive Order renewing a commitment to imposing “maximum pressure” on the Iranian government to “end its nuclear threat, curtail its ballistic missile program, and stop its support for terrorist...more

Foley Hoag LLP

Developments in U.S. International Trade Laws Since the Start of 2023 and What to Expect for the Rest of 2024

Foley Hoag LLP on

Throughout 2023 and early 2024, we continue to witness deepening geopolitical and economic divides globally. The U.S. and its allies (most significantly the EU and the G7), spurred on by Russia’s war in Ukraine, continue to...more

Bass, Berry & Sims PLC

Sanctions Update: Additional Iran and Venezuela Designations, Penalty for Sudan Violations

Bass, Berry & Sims PLC on

The U.S. Treasury Department, Office of Foreign Assets Control (OFAC), the main U.S. government body that administers U.S. economic sanctions and embargoes, continues to be busy. In September 2019 alone, OFAC has announced...more

A&O Shearman

Sanctions Round Up: First Quarter 2019

A&O Shearman on

In this quarter, OFAC lifted sanctions on Rusal and other companies following divestment by Oleg Deripaska. Meanwhile, as Venezuela descends into economic and political crisis, the US targeted PdVSA and others to hasten...more

Akin Gump Strauss Hauer & Feld LLP

President Trump Issues New Iran Executive Order and Reimposes First Set of Sanctions Following JCPOA Withdrawal

• On August 6, 2018, following President Trump’s decision to withdraw the United States from the JCPOA, the U.S. government announced the reimposition of sanctions on Iran’s automotive sector, its trade in gold and precious...more

King & Spalding

Trade & Manufacturing - July 2015

King & Spalding on

In This Issue: - Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days - Congress Allows Export-Import Bank Charter to Expire, for Now - WTO Finds That COOL Is...more

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